Examlex
How many lines in a grating must be illuminated to obtain a resolving power of 400 in a fourth-order spectrum?
Dominant Strategy
In game theory, a strategy that is best for a player regardless of the strategies chosen by other players.
Individual Profits
The net gain in monetary terms realized by an individual or a single business entity from its investment or business operations.
Nash Equilibrium
A concept in game theory where no player can benefit by changing strategies if the strategies of the other players remain unchanged.
Oligopoly
A market structure characterized by a small number of firms controlling a large market share, leading to limited competition.
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